An Historical Investigation
This book deals with one of the most puzzling concepts in economic science, that of economic equilibrium. In modern economics, equilibrium is considered a key assumption, but its role is contested by economists both from within the mainstream and from rival schools of thought.
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- The Concept of Equilibrium in Different Economic Traditions An Historical Investigation
- Chapter 1: Introduction
- Chapter 2: What is Equilibrium?
- Chapter 3: Methodological Assessment
- Chapter 4: The Origins of Economic Equilibrium
- Chapter 5: The Circular Flow of Goods and Money
- Chapter 6: Adam Smith’s Love of System
- Chapter 7: Statics and Dynamics in Classical Economics
- Chapter 8: Mathematical Revolution
- Chapter 9: The Dreamland of Léon Walras
- Chapter 10: The Subjectivist Challenge of the Austrian School
- Chapter 11: Monetary Equilibrium
- Chapter 12: Dynamic Analysis in Monetary Theory
- Chapter 13: The Impact of Uncertainty
- Chapter 14: Creative Entrepreneurship: Chaos or Coordination?
- Chapter 15: Evolutionary Economics
- Chapter 16: Disequilibrium Foundations of Equilibrium Analysis
- Chapter 17: Economics With or Without Equilibrium?
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Chapter 1: Introduction
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